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    Updated Commercial Space Near I-75 Title is generated by Realmo AI

    2647 Old Hapeville Road SW, Atlanta, GA 30315

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    Claim this Listing
    For Sale
    $209,900

    COMMERCIAL - Atlanta, GA

    Type:Office
    Property size:
    1,080 SF
    Lot size:
    0.33 Acres
    Price / SF:
    $194/SF
    Added:
    Apr 3, 2026
    Days on Market:
    70
    Last Refresh:
    Jun 11 at 5:06 pm

    Property Features for 2647 Old Hapeville Road SW

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Parking
    2
    Parking features
    Parking Lot
    Fencing
    Chain Link
    Standard status
    Active
    APN
    14 006900050129
    Size
    1,080 SF
    Lot size
    0.33 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4091

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1955
    Building materials
    Brick

    We can help!

    Listing Contact
    Carson Pickens

    Listing agent Carson Pickens License #176200

    Listing office REMAX Around Atlanta 17b Lenox Point, Atlanta, GA

    Listing date Apr 3, 2026

    MLS# 10724828

    Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Affordable commercial space opportunity.
    • Zoned C1C: Allows for diverse commercial, retail, and service activities.
    • Convenient location: Corner lot near I‑75.
    • Updated property, previously used as a single‑family residence.
    • Brick construction.
    • Parking Lot available.

    Overview

    This commercial space is located at the corner of Cleveland Ave and Old Hapeville Road, a few blocks from I-75. The property is zoned C1C, which allows for small-scale, pedestrian-friendly commercial, retail, and service activities designed to serve the surrounding residential neighborhoods. Previously used as a single-family residence, the property has been updated. The lot size is 0.33 acres and the property size is 1080 square feet.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $25.8k $23.87
    − Vacancy −$6.5k −$6.02
    EGI $19.3k $17.85
    − OpEx −$4.8k −$4.46
    NOI $14.5k $13.39
    1,080 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $206.6K
    $180.8K – $241.0K (±1% cap)
    NOI $14,462 @ 7.0% cap · market cap 6.89%
    Second Best
    Retail
    $179.8K
    $157.3K – $209.8K (±1% cap)
    NOI $12,587 @ 7.0% cap · market cap 6.00%
    Theoretical Best
    Office A
    $301.9K
    $264.2K – $352.2K (±1% cap)
    NOI $21,133 @ 7.0% cap · market cap 10.07%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.39425
    Latitude
    33.681743

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    FAQs

    What type of property is this?
    Office units - Affordable commercial space near I-75, zoned for retail.
    Where is this office units located?
    The property is located at 2647 Old Hapeville Road SW Atlanta, GA.
    What is the asking price?
    The asking price for this property is $209,900.
    What are key features of this property?
    This property features: Affordable commercial space opportunity.; Zoned C1C: Allows for diverse commercial, retail, and service activities.; Convenient location: Corner lot near I‑75.
    (404) 384-6963
    We can help!
    Listing Contact
    Carson Pickens
    Real Estate License ID: 176200
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